Flex Space with Office and
For Sale
$1,495,000
201 N Troup St, Valdosta, GA 31601
The property combines office and warehouse areas with a separate vacant portion of the site.
Property Size25,522 SF
Lot Size2.44 Acres
Price / SF$58.58
Days on Market9
Property Features for 201 N Troup St
General Information
Standard status
Active
Size
25,522 SF
Total Parking Spaces
60
Lot size
2.44 Acres
Property subtype
Commercial
Zoning
C-H
Occupancy
100%
Warehouse & Industrial
Warehouse Space
8,362 SF
Office Build-Out
17,160 SF
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Property Use
Office-Warehouse
Taxes and HOA fees
Annual Taxes
$15,556
Amenities
Private Restrooms
Telephone
Sign(s)
Lighting
Trash Collection
Building Details
Building Size
25,522 SF
Year Built
1980
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
FIRST COMMERCIAL REAL ESTATE
Listed By:
Scott Alderman · License #109748
(229) 561-1939
Source:
Garnerrealtygroupllc
Added: Oct 16
Changed: Oct 23
Last Checked: Oct 23 at 3:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FIRST COMMERCIAL REAL ESTATE
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Investment Insights
Based on property information with market context.
Built in 1980, the 25,522-square-foot flex property contains 17,160 square feet of office space and 8,362 square feet of warehouse area. The building currently serves as the main office facility for The Valdosta Daily Times. Zoning is C-H.
The 2.44-acre corner parcel sits at N Troup St and E Central Ave on the east side of downtown Valdosta. It has frontage on three streets and includes a 0.69-acre vacant area.
The 2.44-acre corner parcel sits at N Troup St and E Central Ave on the east side of downtown Valdosta. It has frontage on three streets and includes a 0.69-acre vacant area.
Key Highlights
- 25,522‑square‑foot building with 17,160 square feet of office and 8,362 square feet of warehouse space
- 2.44‑acre corner parcel at N Troup St and E Central Ave
- 0.69‑acre vacant area within the parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,613
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,732,260
$2.7M
Cap Rate 7%
$1,951,614
$2.0M
Cap Rate 9%
$1,517,922
$1.5M
Market Conditions
NOI Build-Up for 25,522 SF
Gross rent
$229.7K $9.00/SF
− Vacancy
−$19.5K −$0.77/SF
EGI
$210.2K $8.24/SF
− OpEx
−$73.6K −$2.88/SF
NOI
$136.6K $5.35/SF
Area
Lowndes County, GA
Vacancy
8.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,732,260
Cap Rate 7%
$1,951,614
Cap Rate 9%
$1,517,922
Alternative Uses
Best Use
Office B
$2.82M
$2.46M – $3.28M
NOI $197,081 @ 7.0% cap · market cap 13.18%
Second Best
Warehouse
$2.15M
$1.88M – $2.51M
NOI $150,426 @ 7.0% cap · market cap 10.06%
Theoretical Best
Office A
$3.87M
$3.39M – $4.52M
NOI $271,227 @ 7.0% cap · market cap 18.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,272
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 31601, GA
32,331
Population
14,345
Households
2.3
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
159.0 sq mi
ZIP Area
203
Density / Sq Mi
$34,846
Median Household Income
$28,878
Median Earnings
$872
Median Rent
$112,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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- NickAMillion — 100 N Patterson St, Valdosta, GA 31601
Frequently Asked Questions
What type of property is this?
Flex space - The property combines office and warehouse areas with a separate vacant portion of the site.
Where is this flex space located?
The property is located at 201 N Troup St Valdosta, GA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 25,522‑square‑foot building with 17,160 square feet of office and 8,362 square feet of warehouse space; 2.44‑acre corner parcel at N Troup St and E Central Ave; 0.69‑acre vacant area within the parcel
